Starting Dynare (version 5.4).
Calling Dynare with arguments: nostrict
Starting preprocessing of the model file ...
Found 46 equation(s).
Evaluating expressions...done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs ...
done
Preprocessing completed.





Residuals of the static equations:

Equation number 1 : 0 : q_capital
Equation number 2 : 0 : q_profit
Equation number 3 : 0 : q_money
Equation number 4 : 0 : q_liq
Equation number 5 : 0 : 5
Equation number 6 : 0 : Z
Equation number 7 : 0 : w
Equation number 8 : 0 : 8
Equation number 9 : 0 : 9
Equation number 10 : 0 : ALPHA_0
Equation number 11 : 0 : IM
Equation number 12 : 0 : pi
Equation number 13 : 0 : r
Equation number 14 : 0 : iota
Equation number 15 : 0 : 15
Equation number 16 : 0 : E_p
Equation number 17 : 0 : E_a
Equation number 18 : 0 : 18
Equation number 19 : 0 : 19
Equation number 20 : 0 : K_bar
Equation number 21 : 0 : Y
Equation number 22 : 0 : 22
Equation number 23 : 0 : INV
Equation number 24 : 0 : H
Equation number 25 : 0 : 25
Equation number 26 : 0 : TFP
Equation number 27 : 0 : DM_price
Equation number 28 : 0 : prod_disp
Equation number 29 : 0 : G_w
Equation number 30 : 0 : G_pi
Equation number 31 : 0 : G_iota
Equation number 32 : 0 : G_R_ratio
Equation number 33 : 0 : G_P_share
Equation number 34 : 0 : G_prod
Equation number 35 : 0 : G_TFP
Equation number 36 : 0 : G_Z
Equation number 37 : 0 : G_output
Equation number 38 : 0 : G_INV
Equation number 39 : 0 : G_C
Equation number 40 : 0 : G_H
Equation number 41 : 0 : G_DM_price
Equation number 42 : 0 : G_prod_disp
Equation number 43 : 0 : 43
Equation number 44 : 0 : 44
Equation number 45 : 0 : 45
Equation number 46 : 0 : 46



STEADY-STATE RESULTS:

G_output     		 0
G_C          		 0
G_INV        		 0
G_H          		 0
G_TFP        		 0
G_R_ratio    		 0
G_P_share    		 0
G_pi         		 0
ALPHA_0      		 0.123787
G_prod_disp  		 0
G_DM_price   		 0
G_w          		 0
G_Z          		 0
G_iota       		 0
G_prod       		 0
B            		 0.0800066
K_bar        		 4.22502
c_star       		 0.561082
INV          		 0.17835
Y            		 0.882123
IM           		 0.010263
pi           		 0.0265397
R_ratio      		 0.322
P_share      		 0.24
Productivity 		 1.39165
TFP          		 1.39165
K            		 1.7835
Z            		 0
H            		 0.333333
E_a          		 0.0643742
E_p          		 0.0203287
w            		 1.63228
r            		 0.0396091
iota         		 0.0672
q_capital    		 0.265039
q_money      		 10.0105
q_profit     		 4.23604
q_liq        		 0.418871
L            		 1.20281
surplus_net  		 0.101748
DM_price     		 1.04057
prod_disp    		 2.08616
Chi_q        		 1.08019
Mu           		 0.0265397
G            		 0.142692
A            		 1
Total computing time : 0h00m02s
